Tag: Donald Trump
Fed Governor Cook Takes Trump to Court Over Firing Attempt
Federal Reserve Governor Lisa Cook has filed a lawsuit challenging President Donald Trump’s attempt to remove her from office, arguing that he lacks the...
Intel Awarded $5.7 Billion in CHIPS Act Funding
Intel received $5.7 billion in cash on Wednesday evening, part of a deal negotiated by U.S. President Donald Trump, which gives the government a...
Asian Currencies, Dollar Little Moved by Trump’s Fed Shakeup; Rupee Weakens
Asian currencies traded slightly higher on Thursday, showing little reaction to President Donald Trump’s attempt to dismiss Federal Reserve Governor Lisa Cook. Meanwhile, the...
Gold Holds Around $3,400 as Markets Await Data, Rate Cut Hopes...
Gold prices steadied near a two-week high in Asian trading on Thursday, supported by growing expectations of a September interest rate cut from the...
Asia Stocks Mixed: Nvidia Declines While China Chipmakers Surge
Asian markets were volatile on Thursday, as concerns about Nvidia’s China business pressured regional suppliers, even while Chinese chipmakers surged.
MSCI’s broadest index of Asia-Pacific...
Dollar Recovers Even as Fed Independence Concerns Linger; Euro Declines
The U.S. dollar strengthened on Wednesday, although gains were capped by ongoing concerns about the independence of the Federal Reserve after President Donald Trump’s...
Gold Pulls Back After Hitting Two-Week High as Focus Shifts to...
Gold prices edged lower on Wednesday after hitting a two-week high, as U.S. President Donald Trump’s attempt to remove Federal Reserve Governor Lisa Cook...
Gold Retreats After Touching Two-Week High Amid Fed Independence Concerns
Gold prices slipped in Asian trading on Wednesday, retreating after touching a two-week high. The move followed U.S. President Donald Trump’s attempt to remove...
Asian Currencies Slip on Fed Independence Concerns; Aussie Strengthens After Hot...
Asian currencies moved lower on Wednesday as investors grew cautious following President Donald Trump’s attempt to remove Federal Reserve Governor Lisa Cook, raising fresh...
Trump’s Move Against Fed Governor Raises Uncertainty for Treasuries
U.S. bond investors expect President Donald Trump’s latest attempt to tighten control over the Federal Reserve to weigh on long-dated Treasuries, with concerns that...
